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Altech - Outstanding PFS for Silumina Anodes Project


Highlights

  • Highly positive preliminary feasibility study for 10,000tpa Silumina AnodesTM project
  • Low capital cost (US$95 million) with outstanding economics
  • Pre-tax Net Present Value (NPV8) of US$507 million
  • Attractive Internal Rate of Return (IRR) of 40%
  • Site in Saxony, Germany already purchased
  • Green accredited project using renewable energy
  • European high quality graphite and silicon supply
  • Pilot plant engineering for product qualification underway
  • NDA executed with two German automakers and one European battery maker

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to announce the outstanding results from a Preliminary Feasibility Study (PFS) for the development of a 10,000tpa silicon/graphite alumina coating plant, in Saxony, Germany. The plant would be constructed by Altech Industries Germany GmbH (AIG), (ownership: 75% Altech, 25% Frankfurt stock exchange listed Altech Advanced Materials AG (AAM)), and would produce high capacity silicon/graphite battery anode materials “Silumina AnodesTM” under exclusive license from Altech. Silumina AnodesTM products are targeted to supply the burgeoning European electric vehicle market.

For more information, download the attached PDF.

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